CDaley91

USD/JPY analysis, via Daily Chart

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
As we can see, this pair has formed an ascending wedge pattern, indicating a possible move to the downside. Price is floating in an area of supply that's dated back to May of 2019. If price forms a bearish candlestick pattern at that area of supply, prepare for further downside movement, breaking that ascending wedge pattern.

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